506 Calm Water Cove Princeton, TX $ 1,525,000
506 Calm Water Cove
$ 1,525,000
Recently Listed
Open House 6/20 1pm - 4pm
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506 Calm Water Cove

Princeton, TX, 75407
$ 1,525,000
Bedrooms4 Baths4.1 Sq 3,345

Monthly Estimate*

$ 9,390

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Single Family Home for sale in Princeton, TX

for $1,525,000 with 4 bedrooms and 4 full baths, 1 half bath. This 3,345 square foot home was built in 2010 on a lot size of 1.07.

Welcome to a rare opportunity to own one of the most unique waterfront properties in North Texas, located within the exclusive Princeton Lakes private water-ski community. This isn't just a home—it's a lifestyle built around the water, relaxation, and unforgettable memories. Imagine stepping into your backyard each morning and being greeted by calm, glass-like water, breathtaking sunsets, and the peaceful sounds of nature. Whether you're an avid water skier, wakeboarder, boater, or simply someone who appreciates serenity. Nestled on over an acre, this custom estate sits directly on a private ski lake that hosts professional water-ski training and competitions. Launch your boat from your private dock and covered lift, spend the day on the water, then unwind poolside while watching skiers glide across the lake from the comfort of your covered patio with automatic screens. For boating enthusiasts, water-sports families, outdoor entertainers, and anyone seeking a private retreat from the city, this property offers a lifestyle few homes can match. The oversized four-car garage provides ample space for boats, recreational vehicles. Inside, over $350,000 in renovations have transformed this home into a showcase of luxury and craftsmanship. Custom cabinetry, Italian porcelain flooring, quartzite countertops, marble accents, Viking appliances, floor-to-ceiling stacked stone fireplace, and stunning rear glass walls. Energy-efficient features including geothermal heating and cooling, closed-cell foam insulation, and a newer roof help keep utility costs surprisingly low for a home of this caliber. Outside, the heated self-cleaning pool and spa become your personal resort overlooking the water. Every day feels like a vacation. Properties like this rarely become available. Whether you're a dedicated water-sports enthusiast, a luxury buyer seeking privacy and tranquility, or someone looking for a one-of-a-kind waterfront retreat that most people only dream about.

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Open House

6/20/2026 1:00 PM - 4:00 PM
506 Calm Water Cove Princeton, TX
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 1,525,000

Bedrooms

4

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 14,686

Style

Contemporary/Modern

Lot Size

1.07

Year Built

2010

Town/City

Princeton

County/Region

Collin

MLS | Web ID

21297148

Features
Interior
Interior Features Built-in Features Built-in Wine Cooler Cable TV Available Decorative Lighting Double Vanity Eat-in Kitchen Granite Counters Kitchen Island Open Floorplan Pantry Vaulted Ceiling(s) Walk-In Closet(s) W
Flooring Luxury Vinyl Plank Tile
Basement Y/N 0
Dining Areas 1
Living Areas 2
Half Baths 1
Total Bedrooms 4
Total Baths 5
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General
Heating Central Geothermal
Cooling Central Air Geothermal
Utilities Aerobic Septic City Water Electricity Connected Individual Gas Meter Individual Water Meter Private Water
Possession Closing/Funding
Roof Asphalt
Appliances Built-in Gas Range Built-in Refrigerator Commercial Grade Vent Dishwasher Disposal Gas Oven Gas Range Gas Water Heater Ice Maker Microwave Plumbed For Gas in Kitchen Refrigerator
Assoc Fees 387
Number of Garage Spaces 3
School District Princeton ISD
HOA Fee Includes Full Use of Facilities
Pool Y/N 1
Year Built 2010
Architectural Style Contemporary/Modern
Community Features Boat Ramp Lake Perimeter Fencing
Levels Two
Property Subtype Single Family Residence
Subdivision Name Princeton Lakes
Transaction Type For Sale
Occupant Type Vacant
County Collin
Property Type Residential
Construction Materials Brick
Year Built Details Preowned
HOA Type Mandatory
Full Baths 4
Status Active
Directions Get on I-345 5 min (2.1 mi) ? Follow US-75 N to N Central Expy N in McKinney. Take exit 41 from US-75 N 30 min (32.0 mi) ? Follow US-380 to your destination in Princet
City Princeton
Other Equipment Irrigation Equipment
Elementary School Name Godwin
Open House Public: Sat Jun 20 1:00PM-4:00PM
Elementary School Godwin
Standard Status Active
Listing Terms Cash Conventional FHA
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Exterior
Waterfront 1
Exterior Features Boat Slip Covered Patio/Porch Dock Rain Gutters Lighting RV/Boat Parking
Fencing Back Yard Metal
Parking Features Additional Parking Boat Concrete Enclosed Epoxy Flooring Garage Garage Door Opener Garage Double Door Garage Faces Side Oversized RV Garage
WaterFront Features Dock – Covered Lake Front Personal Watercraft Lift
Lot Size 1 to < 3 Acres
Foundation Brick/Mortar Slab
Pool Features In Ground Outdoor Pool Pool/Spa Combo
Structural Style Lake House
Garage Y/N 1
Attached Garage Y/N 1
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Internal Only
Street Number 1 506
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* Excluded Features
List By
Glen Wyche

Listing Agent

Vip Realty

Broker

Affordability Calculator

$10,614
Per Month
88%
12%
0%
Monthly Principal & Interest
$9,390
Monthly Property Taxes
$1,224
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
286571 Elementary School
3676441 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
6/18/2026 $1,525,000 Listed Price

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506 Calm Water Cove, Princeton, TX, 75407 is a Single Family Home for sale at $1,525,000 with 3,345 sqft and a lot size of 1.07. 506 Calm Water Cove has 4 bedrooms, 4.1 baths, and was built in 2010. The property's zip code is 75407 which is in Princeton, TX